PRADEEP NANDRAJOG
B. K. KALRA – Appellant
Versus
PUNJAB NATIONAL BANK – Respondent
( 1 ) PETITIONER prays that charge-sheet dated 20. 11. 2000 be quashed. The charge-sheet reads as under:-
"it has been alleged against you that while being posted at BO, Rani Bagh, Delhi as Spl. Asstt. , you engaged yourself in doing business outside the scope of your duties and engaged in the business of heavy speculative transactions of stocks and shares through various share brokers. To quote: during the period from June 1992 to March 1998, you purchased and sold the following shares through M. Rohan Securities:- (Thereafter price of the shares transacted and the dates on which transactions were effected have been listed out at serial No. 1 to 134) besides these, you also indulged in speculative transactions in stocks shares in the name of the following persons :- 1. Shri Inder Gujral, C/o Shri B. K. Kalra 2. Shri Manmohan, C/o Shri B. K. Kalra 3. Shri Sudhir Kumar, C/o Shri B. K. Kalra 4. Meera Devi, C/o Shri B. K. Kalra your above acts constitute gross misconduct in terms of Para 19. 5 (a) and 19. of the Bipartite Settlement dated 19. 10. 66 as amended upto date. You are hereby called upon to submit your reply within seven days of receipt this charge sheet
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